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Report Overview
The United Kingdom semiconductor market size reached around USD 13.12 Billion in 2024. The market is estimated to grow at a CAGR of 6.70% in the forecast period of 2025-2034, reaching a value of USD 25.09 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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The UK has well-established material science R&D, design and manufacturing base with several applications in areas including 5G and electric vehicles, clean energy, and defence.
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There are 23 semiconductor fabrication plants spread across the country, with some of the leading providers of semiconductor design and IP solutions.
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The design and IP developed by UK manufacturers are leading to improvements in computing power and power management, enabling consumers to get access to powerful and energy-efficient technology.
Kingdom Semiconductor Market Competitive Landscape
The market players are developing new products and the underlying intellectual property to meet customer requirements in terms of product features, quality, performance, and cost
On Semiconductor Corporation
Onsemi is a leading semiconductor manufacturer headquartered in the US, with a strong global supply chain to serve domestic as well as international customers.
Horiba Ltd.
Founded in 1945, Horiba is engaged in the manufacture and supply of automotive emission measurement systems, environmental measuring instruments, scientific analyzers, medical diagnostic analyzers, and measuring equipment applied in the semiconductor industry.
Texas Instruments Incorporated
Headquartered in the United States, Texas Instruments is primarily engaged in the manufacture of semiconductors which are then sold to electronics designers and manufacturers around the world. The company is listed on the Nasdaq stock exchange under the symbol NASDAQ: TXN.
NXP Semiconductors N.V.
Founded in 2006, NXP Semiconductors is a leading semiconductor designer and manufacturer that provides mixed-signal and analogue products. The company deals in several sectors including automotive, communication infrastructure, industrial, mobile, computing, and IoT sectors.
Other notable players operating in the United Kingdom semiconductor market are Renesas Electronics Corporation, Intel Corporation, Samsung Electronics Co., Ltd, SK hynix Inc., Micron Technology, Inc., Qualcomm Incorporated, and Taiwan Semiconductor Manufacturing Company, Ltd., among others.
United Kingdom Semiconductor Market Report Snapshots
United Kingdom Semiconductor Market Size
United Kingdom Semiconductor Market Trends
United Kingdom Semiconductor Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of USD 13.12 Billion in 2024.
The market is expected to grow at a CAGR of 6.70% in the forecast period of 2025-2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of USD 25.09 Billion by 2034.
The key factors aiding the market growth include increasing demand for EVs, increasing adoption of 5G technology and smartphones, and growing sales of electronic devices.
The end uses include automotive, industrial, data centre, telecommunication, consumer electronics, aerospace and defence, healthcare, and others.
The different forms include ICs, optoelectronics, discrete semiconductors, and sensors.
The key players in the market include On Semiconductor Corporation, Horiba Ltd., Texas Instruments Incorporated, NXP Semiconductors N.V., Renesas Electronics Corporation, Intel Corporation, Samsung Electronics Co., Ltd, SK hynix Inc., Micron Technology, Inc., Qualcomm Incorporated, and Taiwan Semiconductor Manufacturing Company, Ltd., among others.
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